Items Tagged with 'GDP'

ARTICLES

The GDP loses momentum

Especially in the fourth quarter
The GDP, the value of everything a nation produces, showed a significant markdown this fourth quarter compared to the 3.9% increase last spring, according to Market Watch. The economy expanded at a 2.4% clip last year, the same as in 2014, the Commerce Department said. The U.S. hasn’t topped 3% growth since 2005.
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Third quarter GDP rises 1.5%

Slightly weaker-than-expected
While third quarter GDP came in slightly weaker-than-expected, the good news is that consumers were still out spending July to September, and businesses were still investing.
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Final 2Q GDP comes in at 3.9%

Fixed residential investment a strong driver
Personal spending was stronger than expected in the second quarter, helping to drive real GDP to a very solid 3.9% annualized rate. However, the biggest push was from fixed residential investment.
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Fed: May economic activity shows signs of slowdown

Mixed bag on housing, positive news on unemployment
Early reports for the second quarter paint a mixed picture. According to the Chicago Federal Reserve, there was net improvement in May's run of economic data but not much, at least based on the national activity index. A bad sign for housing and mortgage activity in the second quarter?
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Housing in places like New York, San Francisco fail more than just the locals

Local policies curtail worker freedoms
From the mid-'60s into the new millennium, these three cities in particular experienced phenomenal growth, but only contributed a small fraction to the growth of the nation. It’s this finding last month that underpins the need for a cohesive federal housing policy that can supersede some of the directions taken by local municipalities.
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U.S. economic growth just about grinds to halt

Exports drop off hobbles 1Q GDP
Economic growth in the United States is grinding to a near halt, with the first-quarter GDP estimate coming in at just 0.2%. What boosted it? Spending on heating oil and mandatory healthcare spending. It’s not looking good.
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